Best Renters Insurance Options For College Students

The feeling you get living on your own for the first time is euphoric. You’re finally out from under mom and dad’s watch, living the high life. No more curfews, no more check-ins, and more importantly, there are no more obnoxious brothers and sisters to deal with! As a college student living in your very own apartment, you’re officially considered an adult and expected to take care of business. One such area of adulthood is protecting your valuable possessions. But before you splurge on that new U-lock to protect the bicycle you use to get around campus, consider the full scope of valuable stuff you own, or things you wouldn’t want to part with. Then, consider protecting all that stuff with the best renters insurance you can find.

At CoverHound, our team of professionals can help you find the renters insurance you need to feel safe. Get more details below.

Freedom Comes at a Price

Making that initial rent payment on your first apartment (no matter how modern or retro it is) feels like a huge accomplishment. It’s almost as monumental an experience as getting that letter of acceptance in the mail, celebratory confetti packet included! Fast forward to a month later. You arrive home after a late night of cramming with friends to find your apartment has been burglarized. The thief stole one of your more expensive belongings, your laptop—the laptop that had all of your lecture notes, academic papers, and financial aid information saved on the desktop. Not only has your apartment been robbed, but your personal safety has been compromised.

When you live in a college town with a large number of people living in and around the surrounding area, your chances of a burglary occurring in your apartment are higher. According to victimsofcrime.org, in 2012 burglaries happened at a rate of 572 percent per 100,000 residents living in metropolitan counties comprising of more than 100,000 in population. The total number of burglaries was 245,668. While you’re going to school, your mind swimming with due dates, department referrals, and finding the money to pay for those expensive textbooks after you’ve paid your rent that month, the last thing you should have to worry about is your apartment getting broken into and your personal effects being ruffled through and taken.

We’re Here to Help

Here at CoverHound, we believe in providing students like you with a choice of renters insurance quotes to help you find the best renters insurance coverage for you. On average, an undergraduate college student spends $9,047 a year on rent, cable, internet, phone, groceries, and electricity a year, according to Wells Fargo. This hefty number doesn’t include tuition, books, transportation, or any personal expenses. When your $2,000 Macbook Pro gets stolen, you don’t have any financial wiggle room to get a replacement.

While your landlord is responsible for insuring your apartment complex against property damages, they are not liable for your personal property. With renters insurance, you have personal property and liability coverage. This means if your apartment is burglarized and your any personal belongings were broken or stolen, your renters insurance will cover the costs to replace your damaged or stolen items, including that $2000 laptop the thieves made off with while you were out studying.

At CoverHound, our team works hard to provide you with accurate insurance quotes. Find the best renters insurance using CoverHound today!